The Australian dollar fell against most major rivals on Thursday despite strong labor data. Australia's unemployment rate was unchanged in April at 4.1%, same as March, and matching expectations. The Australian economy added 89.0 thousand new jobs in April, easily beating estimates of a 20.9 thousand addition, while March's reading was revised to show the addition of 32.2 thousand jobs...

The Australian dollar fell against most major rivals on Wednesday following labor data. Australian wages rose 0.9% in the first quarter of the year, above estimates of 0.8%. On trading, the AUD/USD pair rose 0.7% as of 20:56 GMT to 0.6428. Loonie The Canadian dollar fell 0.3% against the greenback as of 20:56 GMT to $0.7155. The US Dollar The...

...

The Australian dollar rose in Asian trade on Wednesday against a basket of major rivals, expanding gains for the second straight session against the US dollar and hitting a week high, while approaching five-week highs following strong Australian wages data. The data renewed inflationary pressures on the Reserve Bank of Australias policymakers, which hurt the odds of a rate cut...

12:54 PM EDT, 08/07/2024 (MT Newswires) -- US equity indexes extended gains, led by energy and utilities, and government bond yields rose after midday on Wednesday. The Nasdaq Composite climbed 1.1% to 16,540.2, with the S&P 500 up 0.9% to 5,288.5 and the Dow Jones Industrial Average 0.6% higher at 39,225.9, continuing the march higher after the sharp sell-off on...

01:31 PM EDT, 08/07/2024 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each rising 1.4%. The Philadelphia Oil Service Sector index increased 0.2%, and the Dow Jones US Utilities index was gaining 1%. Front-month West Texas Intermediate crude was rising 2.6% to $75.13 a barrel,...

01:40 PM EDT, 08/07/2024 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 1%. The Philadelphia Housing Index was falling 1.6%, while the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%. Bitcoin (BTC-USD) was shedding 0.6% to $55,736, and the...

12:59 PM EDT, 08/07/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were higher Wednesday. Actively traded Invesco QQQ Trust (QQQ) gained 0.7%. US equity indexes extended gains, led by technology and utilities, and government bond yields rose after Wednesday's midday trading. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both climbed...

Deep-pocketed investors have adopted a bullish approach towards Dell Technologies ( DELL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen. We gleaned this information...

Providing a diverse range of perspectives from bullish to bearish, 21 analysts have published ratings on Adobe in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...

Employment vacancies in the United States dropped sharply in July, hitting the lowest level in over three years and signaling a significant cooling in the labor market. Job openings fell to 7.673 million in July, down from a downwardly revised 7.91 million in June, according to the latest official data Wednesday from the Job Openings and Labor Turnover Survey (JOLTs)....

In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Salesforce ( CRM ) in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our...

The Karnataka Assembly election results threw up an unexpected suspense on Tuesday, as a simple majority tantalisingly eluded BJP and...

As part of the Yatra, more than 2,500 mobile performing vans and over 200 mobile theatre vans will be pressed into service to cover the 2.55 lakh gram panchayats and clusters in all cities and towns of the country.

A senior leader who attended the meeting said Venugopal asked state leaders to support state Congress chief Ashok Chavan and warned that party president Rahul Gandhi will not tolerate any indiscipline.

The cases were lodged against Union Minister of State Rajeev Chandrasekhar over his controversial social media posts following the blasts at a convention centre in Kochi during a prayer meeting of Christian religious group Jehovah's Witnesses.

"Krishi UDAN will be launched by the ministry of civil aviation on international and national routes. It will help increase value realization in North East and tribal districts," Sitharaman said in her Budget speech for 2020-21 (Apr-Mar).

Deposit insurance is a protection cover against losses accruing to bank deposits if a bank fails financially and has no money to pay its depositors and has to go in for liquidation.

Nirav Modi is meanwhile expected to appear for call-over hearings every 28 days at Westminster Magistrates' Court until the case management hearings for his extradition trial kick in.

The hike in import duty on palm oil could prompt buyers to increase purchases of rival edible oils such as soyoil and sunflower oil, traders said.

Ripple’s price has been consolidating in a wide range over the recent month against both USDT and BTC. Yet, the future direction of the market might soon be revealed. By Edris Derakhshi (TradingRage) The USDT Paired Chart XRP has been in a corrective downtrend after reaching a local high above $3.00 last week, with the price now testing the $2.00...

As the crypto market continues to struggle, bitcoin (BTC) has broken into a new volatile range. On March 10, the cryptocurrency fell below $80,000 and touched the $76,800 range before climbing back up to $81,000 at the time of writing. According to the latest edition of the Bitfinex Alpha report, the cryptocurrencys decline to $76,800 triggered massive losses in the...

TL;DR Despite a severe price drop, some factors like increased whale activity suggest a DOGE reversal might be just around the corner. A potential approval of a spot Dogecoin ETF could also contribute to a possible rally in the near future. The Bears to Step Back? The past few weeks have been devastating for the cryptocurrency market, with countless leading...

TL;DR The PI token is already live, with speculation that Binance might be the next crypto exchange to allow trading services with it. Ripple (XRP) has been experiencing a downfall lately, but analysts remain optimistic that a renewed bull run could be incoming. SHIB dropped 28% this month. One popular analyst sees potential for a substantial resurgence if Shibarium gains...